TSERS & LGERS Boards of Trustees

Teachers’ and State Employees’ Retirement System Board of Trustees

The Teachers’ and State Employees’ Retirement System (TSERS) provides benefits to all full-time teachers and State employees in all public school systems, universities, departments, institutions, and agencies of the State. The TSERS Board of Trustees is comprised of 13 members, including eight actively working employees or retirees, as well as five public and appointed members who also serve on the Local Governmental Employees’ Retirement System Board.

Local Governmental Employees’ Retirement System Board of Trustees

The Local Governmental Employees’ Retirement System (LGERS) provides benefits to employees of cities, towns, counties, boards, commissions, and other entities of local government in North Carolina. Because participation by local governments is voluntary, the operation of LGERS is dependent upon the acceptance and continuing financial support of the governing bodies and employees of local governments. The LGERS Board of Trustees is comprised of 13 members, including eight members representing local governments.

Meetings

The dates of the 2023 regular quarterly meetings of the Boards of Trustees of the Teachers’ and State Employees’ Retirement System and the Local Governmental Employees’ Retirement System are: January 26, April 27, July 27 and October 26.

The meetings will convene at 9:00 a.m. at our offices at 3200 Atlantic Avenue, Raleigh, North Carolina 27604, in the Dogwood Conference Room, unless otherwise indicated below.

Meeting Archives

Meeting Dates/Minutes	Board Materials
October 26, 2023
July 27, 2023 Meeting Recording	Agenda TSERS BOT Minutes - April 27, 2023 LGERS BOT Minutes - April 27, 2023 Operations Update F&R Status & Needs Report Summary of LGERS Surety Administrative Rules Proposal Approved Fiscal Note and Rule Text Surety Rules 20 NCAC 02C .210 Definitions 20 NCAC 02C .0211 Surety for Non-Taxing Authority Participation Supplemental Voluntary Insurance Rebates Memo LEIA Memo Inactive Employer Update
April 27, 2023 Meeting Recording TSERS Minutes LGERS Minutes	Agenda TSERS Draft Minutes - Jan. 26, 2023 LGERS Draft Minutes - Jan. 26, 2023 Resolution for Linda Gunter Operations Update Summary of Local Unit Applications Annual Report on Supplemental Insurance Memo Inactive Employers Annual Report to State & Local Boards Contributory Death Benefit Summary LGERS Employer Contribution Rates Tax Withholding FAQ GASB Actuarial Audit Phase 2 Report
January 26, 2023 Meeting Recording TSERS Minutes LGERS Minutes	Agenda LGERS Cover Page with SEI Evaluation TSERS Cover Page with SEI Evaluation Pat Hurley Appointment Letter dated July 14, 2022 Draft TSERS Board Meeting Minutes - Oct. 27, 2022 Draft LGERS Board Meeting Minutes - Oct. 27, 2022 Greg Patterson Resolution RSD Operations Update Buck TSERS Projections State Alternatives Buck LGERS Projections Local Alternatives Summary of LGERS Surety Administrative Rules Proposal Proposed Administrative Rules Text and Impact Analysis Session Law 2022-70 LEO Court Cost Offset Memo for FY2023 CDBP Study Buck Updates GASB Actuarial Audit Phase I North Carolina Annual Comprehensive Financial Report Reemployment Earnings 2023 TSERS July 28, 2022 Minutes with Additional Detail Requested

Meeting Dates/Minutes

Board Materials

October 26, 2023

July 27, 2023

April 27, 2023

January 26, 2023

The Firefighters’ and Rescue Squad Workers’ Pension Fund provides a set amount retirement benefit to paid and volunteer firefighters and rescue squad workers in the state. The Advisory Panel to the Firefighters’ and Rescue Squad Workers’ Pension Fund is comprised of seven members, who are paid or volunteer members within the Fund and are appointed by the Local Governmental Employees’ Retirement System Board of Trustees.

Legislation passed in 2013 created this Advisory Panel as an extension to the Local Governmental Employees’ Retirement System. The Advisory Panel meets at least annually to discuss the status and needs of the Fire and Rescue Pension Fund, and reports its findings to the Board of Trustees of the Local Governmental Employees’ Retirement System.